Virgin Cash will launch a brand new vary of unique offers and lower chosen remortgage, landlord and switching charges by as much as 38 foundation factors tomorrow (27 September).
The lender’s adjustments cowl:
Remortgage exclusives
- Chosen fixes as much as 70% mortgage to worth, with a £995 price, £1,500 cashback and free valuation will probably be launched at 5.38%
Purchase-to-let portfolio remortgage and buy exclusives with a 3% price
- 60% LTV two-year fixes will probably be launched at 5.17%
- 75% LTV two-year fixes will probably be launched at 5.22%
- 60% LTV five-year fixes will probably be launched at 5.27%
- 75% LTV five-year fixes will probably be launched at 5.57%
In the meantime, the agency will lower these buy exclusives:
- Fixes with a £1,295 price will probably be diminished by as much as 17bps, ranging from 4.82%
- Payment-savers fixes with free valuation diminished by as much as 13bps, ranging from 5.09%
It additionally makes these extra cuts:
- Unique remortgage fixes will probably be diminished by as much as 18bps
- Core residential & BTL charges will probably be diminished by as much as 38bps
- And chosen product switch fixes will probably be diminished by as much as 26bps, with charges ranging from 5.17%
